Vacant Land / Plot for Sale in Chloorkop

ACQUISITION NODE ALERT - 98,690m² @ R133M - 59,214m² BULK - THIS IS NOT LAND, THIS IS A R668M INCOME PLAY This is an acquisition node property in every sense. Lords View Industrial Park on Allandale Road, Midrand's premier blue-chip logistics estate. One of the last large platforms available where listed REITs and national tenants fight for space. You are not just buying land, you are acquiring a future income node with direct N1, R21, M39 and OR Tambo access. THE NUMBERS - 98,690m² LAND | 59,214m² BULK | R1,347/m² LAND | R2,246/m² BULK Total extent: 98,690m². Total bulk: 59,214m² GLA. Total price: R133,000,000. Price per land: R1,347/m². Price per bulk: R2,246/m². This is Lords View land at developer pricing in an estate where A-grade rentals are R75 to R85 per m² gross. WHY THIS IS AN ACQUISITION NODE: Lords View is Midrand's institutional node. Home to Unilever, Shoprite, TFG, Premier, Laser, ARB, Food Lovers. 24-hour security, controlled biometric access, fibre, ample power, shared solar PV, tarred roads and managed by the Lords View Property Owners Association. Direct access to N1, N3, M39 and 10km from OR Tambo. The K232 link will connect to Marlboro and N3/N12. The labour pool from Midrand, Tembisa and Kempton is on your doorstep. Institutions own here for a reason, they never sell. THE 4 SCENARIOS: SCENARIO 1: DEVELOP FULL BULK - INSTITUTIONAL INCOME - THE REIT PLAY This is what REITs want. Developable building 59,214m² GLA. Current Lords View rental R75 to R85 per m² gross new A-grade. At R75 per m² = R4,441,050 per month = R53,292,600 per year. At R80 per m² = R4,737,120 per month = R56,845,440 per year. At R85 per m² = R5,033,190 per month = R60,398,280 per year. Net after costs at 8.5 percent yield values your completed park at R625M to R710M. Build cost at R7,000 per m² = R414M plus land R133M = R547M total cost. Profit = R78M to R163M. Develop 59,214m² bulk at market rental R80 per m² = R4.7M per month gross income, R56.8M per annum. Completed value at 8.5 percent cap = R668M. SCENARIO 2: SUB-DIVIDE AND BUILD 2 PHASES - FASTEST CASH Split into 4 x 14,800m² warehouses at 15,000m² each = 60,000m² total. 4 x R1,125,000 per month = R4.5M per month but you lease faster because small units are in highest demand in Lords View. Faster absorption, lower vacancy risk, higher blended rental. SCENARIO 3: HARDSTAND / YARD RENTAL - NO BUILD COST - IMMEDIATE CASH If you just fence, gravel and rent as container depot or truck yard. Yard rental in Lords View is R28 to R35 per m². 98,690m² x R30 = R2,960,700 per month. Zero construction, just R3M for fencing and surfacing. Immediate income while you plan development. SCENARIO 4: LEASE THE BULK - LAND LEASE TO DEVELOPER - PASSIVE FOR 15 YEARS You don't build. You lease land at R18 per m² to a developer who builds. 98,690m² x R18 = R1,776,420 per month passive for 15 years, he builds, you keep land. Pure passive acquisition node income with reversionary asset. Develop 59,214m² bulk at market rental R80 per m² = R4.7M per month gross income, R56.8M per annum. Completed value at 8.5 percent cap = R668M. You buy at R133M, you create R668M. Land of this scale in Lords View is never released. This is a strategic acquisition for developers, investors and owner-occupiers who understand node value. Contact Jacques for SG diagram, bulk confirmation, services letter, estate rules and private viewing. Investment opportunity of a lifetime...